Motley Fool Asset Management LLC Buys Shares of 48,090 TransUnion (NYSE:TRU)

Motley Fool Asset Management LLC purchased a new position in TransUnion (NYSE:TRU - Free Report) in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm purchased 48,090 shares of the business services provider's stock, valued at approximately $4,974,000.

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Other hedge funds also recently made changes to their positions in the company. Huntington National Bank boosted its stake in TransUnion by 84.5% in the 3rd quarter. Huntington National Bank now owns 286 shares of the business services provider's stock worth $30,000 after purchasing an additional 131 shares during the period. Quarry LP boosted its position in shares of TransUnion by 963.0% in the second quarter. Quarry LP now owns 574 shares of the business services provider's stock valued at $43,000 after acquiring an additional 520 shares during the period. True Wealth Design LLC grew its stake in TransUnion by 4,590.0% during the third quarter. True Wealth Design LLC now owns 469 shares of the business services provider's stock valued at $49,000 after acquiring an additional 459 shares in the last quarter. National Bank of Canada FI increased its holdings in TransUnion by 22.3% during the 2nd quarter. National Bank of Canada FI now owns 910 shares of the business services provider's stock worth $66,000 after acquiring an additional 166 shares during the period. Finally, Blue Trust Inc. lifted its stake in TransUnion by 156.6% in the 2nd quarter. Blue Trust Inc. now owns 857 shares of the business services provider's stock worth $68,000 after purchasing an additional 523 shares in the last quarter.

Analysts Set New Price Targets

A number of analysts have recently issued reports on TRU shares. Barclays lifted their price objective on shares of TransUnion from $80.00 to $105.00 and gave the stock an "equal weight" rating in a report on Friday, September 13th. Morgan Stanley upped their price objective on TransUnion from $103.00 to $119.00 and gave the stock an "overweight" rating in a report on Thursday, October 24th. UBS Group began coverage on TransUnion in a research report on Tuesday, October 1st. They set a "neutral" rating and a $110.00 price objective on the stock. Wolfe Research upgraded TransUnion from a "peer perform" rating to an "outperform" rating and set a $130.00 target price for the company in a research report on Thursday, October 10th. Finally, Wells Fargo & Company increased their price target on shares of TransUnion from $125.00 to $135.00 and gave the company an "overweight" rating in a research report on Thursday, October 24th. Seven research analysts have rated the stock with a hold rating and ten have issued a buy rating to the company's stock. According to MarketBeat, TransUnion currently has an average rating of "Moderate Buy" and a consensus price target of $106.38.

Get Our Latest Stock Report on TransUnion

TransUnion Stock Up 1.0 %

Shares of NYSE TRU opened at $100.03 on Wednesday. The firm has a fifty day simple moving average of $103.30 and a two-hundred day simple moving average of $90.87. TransUnion has a 12 month low of $58.59 and a 12 month high of $113.17. The company has a current ratio of 1.68, a quick ratio of 1.68 and a debt-to-equity ratio of 1.19. The firm has a market capitalization of $19.50 billion, a PE ratio of 86.98, a price-to-earnings-growth ratio of 1.38 and a beta of 1.60.

TransUnion (NYSE:TRU - Get Free Report) last released its quarterly earnings results on Wednesday, October 23rd. The business services provider reported $1.04 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.01 by $0.03. TransUnion had a net margin of 5.47% and a return on equity of 15.38%. The company had revenue of $1.09 billion during the quarter, compared to the consensus estimate of $1.06 billion. During the same period in the prior year, the firm earned $0.80 earnings per share. TransUnion's revenue was up 12.0% on a year-over-year basis. Equities analysts expect that TransUnion will post 3.44 earnings per share for the current year.

TransUnion Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Monday, December 9th. Stockholders of record on Friday, November 22nd will be issued a dividend of $0.105 per share. This represents a $0.42 dividend on an annualized basis and a dividend yield of 0.42%. The ex-dividend date of this dividend is Friday, November 22nd. TransUnion's dividend payout ratio (DPR) is presently 36.52%.

Insider Transactions at TransUnion

In other news, insider Todd C. Skinner sold 3,090 shares of the firm's stock in a transaction on Friday, November 29th. The stock was sold at an average price of $101.48, for a total transaction of $313,573.20. Following the completion of the transaction, the insider now directly owns 24,333 shares in the company, valued at $2,469,312.84. This trade represents a 11.27 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director George M. Awad sold 12,000 shares of TransUnion stock in a transaction dated Monday, November 25th. The stock was sold at an average price of $100.00, for a total value of $1,200,000.00. Following the completion of the transaction, the director now directly owns 27,026 shares of the company's stock, valued at approximately $2,702,600. This represents a 30.75 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 19,090 shares of company stock valued at $1,933,538 in the last three months. 0.28% of the stock is currently owned by company insiders.

TransUnion Profile

TransUnion operates as a global consumer credit reporting agency that provides risk and information solutions. The company operates through U.S. Markets, International, and Consumer Interactive segments. The U.S. Markets segment provides consumer reports, actionable insights, and analytic services to businesses, which uses its services to acquire new customers; assess consumer ability to pay for services; identify cross-selling opportunities; measure and manage debt portfolio risk; collect debt; verify consumer identities; and mitigate fraud risk.

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